WORLD DAIRY NEWS Inflation in Europe: Could your morning coffee become a ‘luxury’?
For Europeans, a cup of coffee is an essential part of the daily routine. But a dramatic increase in the price of this staple is bringing home the impact of inflation. If prices keep rising, this drink, once taken for granted, may soon be an expensive luxury. Inflation is putting pressure on household budgets across…
Dairy co-op Arla to pay farmers more for milk if climate targets met
The dairy co-operative Arla Foods has announced it will pay its farmers more money for the milk they produce if they meet new environmental sustainability targets. Arla is introducing the “sustainability incentive” with the aim of promoting and funding the reduction of emissions on the farms of its 8,900 members, based in the UK and…
Dairy’ now No. 1 category within the $7.4B plant-based industry
Plant-based dairy products have been gaining momentum in recent years, and the Plant Based Food Association recently reported that the category is now number one among the entire $7.4 billion plant-based food market, with plant-based milk registering $2.6 billion in sales on its own. But it’s not just milk finding its way into baskets. Plant-based…
Low Chinese demand, more products factor into global dairy prices tumble
Global dairy prices have resumed their losing streak in the global dairy auction overnight. The average price at the fortnightly sale fell 3.5 percent to US$3911 ($NZ6830) a tonne, after rising 2 percent in the previous auction. Prices have generally been falling since hitting a record high in March. “A significant lack of demand arriving…
Plant-based dairy alternatives are not as nutritious as milk product
As more people are consuming plant-based dairy alternatives for health and nutrition reasons, Safefood says these products often contain less protein and, in some cases, less calcium than their dairy-based counterparts. A further survey of Irish consumers reveals that these findings conflict with their perception of the nutritional value of plant-based products. These findings run…
Low Chinese demand, more products factor into global dairy prices tumble
Global dairy prices have resumed their losing streak in the global dairy auction overnight. The average price at the fortnightly sale fell 3.5 percent to US$3911 ($NZ6830) a tonne, after rising 2 percent in the previous auction. Prices have generally been falling since hitting a record high in March. “A significant lack of demand arriving…
Healthy Heights® KidzProtein Range To Hit Walmart’s Shelves
Nutritional Growth Solutions, Ltd., (NGS), (ASX:NGS) a leading provider of clinically backed nutritional products designed for children, has deepened its collaboration with Walmart, Inc. as it rolls out its high in demand Healthy Heights® KidzProtein range to an initial 403 select brick and mortar stores across the United States. KidzProtein nutritional shakes contain whey protein…
China’s Dairy Imports Slow along with Economy
China’s dairy imports have slowed amid rolling Covid lockdowns and a weakening economy that has many analysts slashing their 2022 and 2023 economic growth estimates for the country. Goldman Sachs, for example, recently cut its estimate for China’s 2023 gross domestic product (GDP) from 5.3 percent to 4.5 percent. This year’s GDP for China is…
Dairy cattle’s welfare is worse than that of beef cattle
According to a new study led by the University of Copenhagen, contrary to popular belief, dairy cows and other dairy cattle are likely to experience worse welfare than cows raised solely for meat. By asking 70 leading bovine welfare experts from all over the world to assess the welfare risks of the most common production systems in their…
Nestlé Is Set To Release Animal-Free Dairy Products This Year
Food and beverage giant Nestlé has announced that it is “exploring” the potential of animal-free dairy through a partnership with California-based Perfect Day. The news makes Nestlé the latest in a growing list of established and start-up companies to look to the alternative dairy protein manufacturer as a supplier for new product lines. Starbucks and Mars are included in…